x

Ambrose Fee ÂŁ1m? - Ipswich Town News

Reports today indicate that the initial fee Town are set to receive for Darren Ambrose is as low as ÂŁ1 million. The midfielder is in talks with the Magpies regarding his move to St James' Park.

It is said that Town were after ÂŁ3 million up front for the highly-rated England U21 but that Sir Bobby Robson's club were only interested in paying ÂŁ1 million as a basic payment.

With Town in administration the deal would have been out of the hands of David Sheepshanks and his board, administrator Nick Dargan from Deloitte and Touche ultimately in charge.

It is likely that the deal will eventually yield more cash for Town with top-ups based on appearances and England caps, possibly up to the ÂŁ2.5 million quoted over the weekend.

Newcastle United are a PLC and have to reveal any significant outgoings to the Stock Exchange which they will do once the deal with Ambrose is complete.

It is likely that the ÂŁ500,000 deal which could take Hermann Hreidarsson to Portsmouth will also have similar 'extras' to the Ambrose transfer, due to Town at a later date.

What to read next:

McKenna: A Tough Game, an Increase in Challenge
Manager Kieran McKenna felt today’s 3-0 victory away against French Ligue 1 side Auxerre was a tough game and an increase in challenge in the final fixture of pre-season and has been pleased with the way preparations for the campaign ahead have gone over the last few weeks.
McKenna: Townsend and Philogene Injuries Don't Look Great
Blues boss Kieran McKenna says the injuries suffered by Conor Townsend and Jaden Philogene don’t look great, while Leif Davis missed out due to a knock and Harry Clarke could be facing a lengthy spell on the sidelines, but keeper Aro Muric is making good progress.
Palmer: It's Been a Really Successful Pre-Season
Town goalkeeper Alex Palmer has reflected on a successful pre-season campaign following the Blues’ 3-0 friendly victory over AJ Auxerre at the Stade Abbé-Deschamps.
McKenna Tight-Lipped on Hackney and Cajuste
Town boss Kieran McKenna remained tight-lipped when quizzed on the Blues’ approach for last season’s loanee Jens Cajuste and also Middlesbrough midfielder Hayden Hackney’s decision to remain with the Teessiders.
McKenna: We'll See How Broadhead Situation Pans Out
Manager Kieran McKenna says the Blues will “see how the situation plays out” regarding Wrexham’s interest in forward Nathan Broadhead.
McKenna: Hutchinson Not Mentally in Right Place For France Trip
Town boss Kieran McKenna says Brentford target Omari Hutchinson “didn’t feel mentally in the right place” to travel with the squad for this evening’s friendly against Auxerre in France.
AJ Auxerre 0-3 Ipswich Town - Match Report
Goals from George Hirst, Jacob Greaves and Ali Al-Hamadi saw Town to a 3-0 victory over French Ligue 1 side Auxerre in their final pre-season friendly at the Stade de l’Abbé-Deschamps. Hirst put the Blues in front on 38 and Greaves added the second with a header from a free-kick in first-half injury time, before Al-Hamadi added the third with five minutes remaining of the match.
AJ Auxerre 0-2 Ipswich Town - Half-Time
Goals from George Hirst and Jacob Greaves have given Town a 2-0 half-time lead against French Ligue 1 side Auxerre in their final pre-season friendly at the Stade de l’Abbé-Deschamps.
Hutchinson and Davis Miss Out at Auxerre
Omari Hutchinson and Leif Davis are absent from the Blues squad facing AJ Auxerre in their final pre-season friendly this evening (KO 6pm local time, 5pm BST).
Hackney Turns Down Town Move
Blues target Hayden Hackney is reported to have turned down the chance to join Town from Middlesbrough.